Thrift Shop
- Assets
- $65.9k
- Revenue
- $236.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Fort Sill, OK
- Founding
- 03/1982
- Data as of
- 04/2021
- EIN
- 73-1132664
Organization Overview
Thrift Shop, operating under the name The Thrift Shop, is located in Fort Sill, OK. The organization was established in 1982. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 04/2021, Thrift Shop employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrift Shop is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2021, Thrift Shop generated $236.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $218.5k during the year ending 04/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Thrift Shop has awarded 49 individual grants totaling $135,258. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A CLEARING HOUSE FOR THE SALE, PURCHASE AND DISPOSAL OF SERVICEABLE GOODS AT A NOMINAL COST TO PATRONS AND TO GENERATE FUNDS TO BE DONATED TO POST ACTIVITIES, CHARITIES AND COMMUNITY WELFARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING A CLEARING HOUSE FOR THE SALE, PURCHASE AND DISPOSAL OF SERVICEABLE CONSIGNED GOODS AT A NOMINAL COST TO THE PATRONS WHICH GENERATE FUNDS FOR THE BENEFIT OF CHARITABLE ORGINIZATIONS AND THE COMMUNITY WELFARE.
PROVIDING A CLEARING HOUSE FOR THE SALE, PURCHASE AND DISPOSAL OF SERVICEABLE CONSIGNED GOODS AT A NOMINAL COST TO THE PATRONS WHICH GENERATE FUNDS FOR THE BENEFIT OF CHARITABLE ORGINIZATIONS AND THE COMMUNITY WELFARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Anderson Board Chairperson | Trustee | 1 | $0 |
Barbara Anderson Assistant Chairperson | Trustee | 1 | $0 |
Sue Henry Welfare Chairperson | Trustee | 1 | $0 |
Tammy Huffmon Recording Secretary | Trustee | 1 | $0 |
Dottie Ellis Retired Community | Trustee | 1 | $0 |
Helma Blackburn Member At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $58 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $236,866 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,260 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,524 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,392 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,900 |
| Advertising and promotion | $475 |
| Office expenses | $4,010 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $218,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,117 |
| Savings and temporary cash investments | $3,765 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $65,882 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,539 |
| Total liabilities | $1,539 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $64,343 |
Grants Awarded
Over the last fiscal year, Thrift Shop has awarded $54,600 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
PATRIOT SPOUSES CLUB PURPOSE: Giving assistance for scholarships to high school and college students and spouses | $6,000 |
PATRIOT SPOUSES CLUB PURPOSE: Giving assistance for scholarships to high school and college students and spouses | $6,000 |
DEPT OF US - FT SILL HALF SECTION PURPOSE: Giving assistance for horses used in official ceremonies | $5,000 |
USO PURPOSE: Giving assistance to active duty military personnel and their families | $5,000 |
DEPT OF US - FT SILL HALF SECTION PURPOSE: Giving assistance for horses used in official ceremonies | $5,000 |
USO PURPOSE: Giving assistance to active duty military personnel and their families | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Katy Christian Ministries Katy, TX | $4,711,078 | $7,821,438 |
Grapevine Relief And Community Exchange Grapevine, TX | $9,467,180 | $5,097,356 |
Vail Valley Cares Inc Edwards, CO | $3,973,147 | $3,753,850 |
United States Of America Chess Federation St Louis, MO | $6,079,423 | $3,913,162 |
Big Brothers Big Sisters Of Central New Mexico Donation Center Inc Albuquerque, NM | $1,509,034 | $2,745,299 |
St Vincent De Paul Society Archdiocese Of Santa Fe Albuquerque, NM | $3,073,057 | $2,711,776 |
St Vincent De Paul Thrift Store Of Dallas Dallas, TX | $3,458,892 | $2,819,695 |
Mission Central Metroplex Inc Hurst, TX | $299,139 | $1,574,476 |
Adelante Thrift Inc Kansas City, KS | $255,188 | $1,547,974 |
Park Avenue Thrift Inc Enid, OK | $1,268,783 | $1,759,306 |
Ditto Upscale Resale Warson Woods, MO | $516,704 | $1,429,635 |
Et Cetera Shop Inc Weatherford, OK | $754,713 | $935,275 |